The Global Corn Maltodextrin Market is forecast to reach USD 2.40 Billion by 2027, according to a new report by Reports and Data. Corn maltodextrin is plant-based carbohydrates, which is known to provide with high energy. There are various applications of this type of maltodextrin, which is fostering the growth of the sector. This type of maltodextrin can be used as a bulking agent in various food applications. This maltodextrin is known to provide with 100% glucose-based energy, the most effective energy substrate for brain recovery, muscles, and promote an active lifestyle. Corn based maltodextrin is available in gluten and lactose-free variants. These variants of maltodextrin can provide with high quality carbs from non-GMO corn starch, with excellent tolerance and high digestibility. It also provides with the scope of dextrose equivalent, which enables fine-tuning of product osmolarity along with enhanced energy, good hydration, and quick recovery.
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Its traits, like neutral taste and total solubility, results in its wide application in the food beverage industry. In the food beverage sector, one of its major use is as drying carriers and bulking agents in a wide range of food products like seasonings, soups powdered beverages, among others. However, this type of maltodextrin is not a suitable choice for dry mix infant formula preparation. Thus, such a wide arena of applications of this type of maltodextrin is contributing to the continuous growth of this sector. In regards to region, Europe can be seen to occupy a considerable share of the market. The market share held by the region is attributed to the growing demand for baked products like fillings, cakes pastries, and rising geriatric population is resulting in increasing demand for senior clinical nutrition products, which is contributing to the expansion of the sector in this region.
All enterprises involved in the processing, packaging, and distribution of raw food materials fall within the food and beverage sector. Fresh and packaged meals, as well as alcoholic and nonalcoholic beverages, are all included. Apart from drugs, this industry touches every product designed for human consumption.
As a result of the current economic depression caused by the Covid-19 outbreak, consumers are seeking to save as much money as possible. Consumers are doing so in a variety of ways, including buying more generic things and cooking their own meals instead of going out. As a result, food processing companies are getting more creative in order to reduce the cost of goods sold, attract more customers, and increase profit margins.
Obesity has a tremendous impact on the global food and beverage industry. The desire for healthful foods has grown, as has the demand for more detailed nutritional information. Companies have responded by launching lower-calorie foods and tightening control over how their brand is viewed in response to both of these changes. Companies want to be viewed as a healthy brand, thus they support activities that indicate this, such as youth sports. There has even been talk of levying a tax on foods linked to obesity to deter people from eating them.
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Some of the Leading Market Players Are Listed Below:
- The Archer Daniels Midland Company,
- Penford Corporation,
- Zhucheng Dongxiao Biotechnology Co., Ltd.,
- Roquette Freres SA
Form Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
- Cereals snacks
- Powdered beverages
- Sauces, dressings soups
- Processed meat seafood
- Nutraceuticals: functional foods
End-user Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
- Food Beverage Industry
- Cosmetics Personal care
- Pharmaceutical Industry
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Corn Maltodextrin market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Corn Maltodextrin market.
The global Corn Maltodextrin market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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